JNJ raises dividend 5% --- New yield is 2.72%

Yesterday JNJ announced that it is increasing it's dividend from $.80 to $.84. This represents a 5% and pushes the yield up to 2.72%. Not as spectacular as previous years, but well above the rate of inflation.

The ex-dividend date is May 25th and the pay date is June 13th.

Since I currently own 54.17 shares, my yearly dividends will increase by $8.67.

2017 Dividend Raises

OHI:  1.64% --- $3.20
KMB:  5.43% --- $8.03
GILD:  10.64% --- $10.49
CSCO:  11.54% --- $13.92
TROW:  5.56% --- $9.09
KO:  5.71% --- $20.96
QCOM:  7.5% --- $7.20
PG:  3.00% --- $2.43

OHI:  1.61% --- $6.46  (2nd Raise)

SO:  3.57% --- $7.41

UL:  12% --- $15.36

XOM:  2.67% --- $11.70

JNJ:  5.0% --- $8.67

Total yearly dividend increase is $124.92

DEFY MEDIOCRITY